In the face of global economic shifts, Pakka has remained resilient, continuing its steady rise even amidst challenges. While the global paper industry faced a slowdown, we’ve managed to not only sustain our market share but also deliver healthy profits. This success is attributed to our team’s unwavering commitment to service excellence and dependable products and remain focused towards our customers.
Over the period of 1.5 years, everyone had seen slow market pull. With the innovative and strategic approach, we made significant strides in the domestic market, establishing our presence in key product segments like solar glass interleaving and sublimation paper, ensuring consistent demand and customer confidence. Beside we as a team has established significant footprint in middle east with ever highest exports. Kudos to the team.
Looking ahead, we are exploring new opportunities in the food carry and wrap segment and making steady progress with Project Jagriti, our ambitious initiative designed to drive sustainable growth. Early groundwork, including market preparation and customer conversations, is already in motion to ensure the success of the upcoming PM4 project.
As part of our long-term strategy, Project Jagriti focuses on upgrades that will ensure we remain at the forefront of sustainable and regenerative packaging. Key initiatives include:
- Upgrading our Effluent Treatment Plant to improve water reuse and reduce freshwater usage while adopting the latest IFAS system for greater energy efficiency.
- Expanding our Pulp Mill capacity, with modern processes and installations to meet growing demand for both bleached and unbleached pulp.
- Upgrading Paper Machine 3, designed to replace plastic grocery bags with high-strength paper grades, reducing plastic reliance and improving environmental efficiency.
- Focusing on Paper Machine 4, which aims to produce sustainable, high-quality food packaging paper, and flexible paper directly responding to the growing need for eco-friendly alternatives.
- Upgrading our Recovery Island for more efficient steam production and improved waste recycling, contributing to reduced emissions and a more sustainable process.
- Building Power Plant 3, which will provide consistent, sustainable power and steam using pith-based fuel and modern environmental controls.
We as a team have pledged to ensure moulded business a turn around by end of this full year. And are taking Strategic measures to be cost and quality leaders in the segment.
- Packaging Enhancements: Transitioning to POF shrink film for better durability and shelf life, while replacing paper tape with plastic tape for improved seal strength and reduced costs.
- Product Weight Optimisation: A calibrated reduction in product weight across select SKUs, contributing to significant cost savings without affecting product integrity.
- Various measures are being adopted to enhance plant OEE and would see change within 2nd
These efforts reflect our proactive approach towards sustainable growth, ensuring that we continue to innovate, adapt, and stay ahead in an ever-changing world. By balancing innovation, cost optimisation, and customer focus, we are not just weathering the storm, but creating new possibilities for the future with purpose, responsibility, and impact. Together, we are building a stronger, more resilient Pakka for the years to come.
